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this post was submitted on 07 Oct 2023
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Technology
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The House of Saud.
How exactly?
They were one of the largest investors in Twitter before the purchase. Musk said he would buy it, then tried to back out, and his hand was forced
But how would they threaten him? What’s leverage could they have against someone on the other side of the world who has the means to protect himself by paying security etc.
By doing exactly what happened: he made legal claims that he would buy, then tried to back out. He could not legally do so and the house of saud sued to make sure he went through on his intentions. Which forced Musk to do so. It was quite a legal kerfuffle